Bulletin: NL000080

As you are well aware, certain computer related systems may not function properly
when processing date sensitive information after December 31, 1999. The problem
is commonly called the "Y2K" bugs.

Many of state insurance departments require that Stewart Title address these
Y2K issues with our vendors to be sure that we will not be adversely affected
by any inability these vendors have to provide Stewart Title will necessary
products and services next year.

In all contracts and leases that you enter into, be sure to address this Y2K
issue and get a representation as to the ability of your vendors to service
your needs without any disruption for any Y2K issues.

If you have any questions, please contact your National Legal Department (Steven
Soffer) or Audit Services (Robert Langer).

THIS BULLETIN IS FURNISHED TO INFORM YOU OF CURRENT DEVELOPMENTS. AS A REMINDER, YOU ARE CHARGED WITH KNOWLEDGE OF THE CONTENT ON VIRTUAL UNDERWRITER AS IT EXISTS FROM TIME TO TIME AS IT APPLIES TO YOU, AS WELL AS ANY OTHER INSTRUCTIONS. OUR UNDERWRITING AGREEMENTS DO NOT AUTHORIZE OUR ISSUING AGENTS TO ENGAGE IN SETTLEMENTS OR CLOSINGS ON BEHALF OF STEWART TITLE GUARANTY COMPANY. THIS BULLETIN IS NOT INTENDED TO DIRECT YOUR ESCROW OR SETTLEMENT PRACTICES OR TO CHANGE PROVISIONS OF APPLICABLE UNDERWRITING AGREEMENTS. CONFIDENTIAL, PROPRIETARY, OR NONPUBLIC PERSONAL INFORMATION SHOULD NEVER BE SHARED OR DISSEMINATED EXCEPT AS ALLOWED BY LAW. IF APPLICABLE STATE LAW OR REGULATION IMPOSES ADDITIONAL REQUIREMENTS, YOU SHOULD CONTINUE TO COMPLY WITH THOSE REQUIREMENTS.